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earners leave the country? sounds extreme? that's what's happening in france. the socialist government imposing a 75% tax on numbers higher than 1 million euros and stealth -- wealthy people are moving out of the country. good evening, sir. well, france, some people are fleeing to avoid the tax it's not illegal. but sens a message. >> it certainly does. it shows you that when government tries to increase income through the obvious measure -- let's raise tax rates on the richest people, the richest people don't like that. france's evidence, anecdotal, you have the actor who is moving out to a belgian town that is now a colony for french exiles. he is fleeing that 75% tax. the former ceo of loriele and a ceo giant. and it used to be that retirees would leave, after their kids haveh grown up and left home. but now it's young, dynamic millionaires, leaving france, in their peak earnings period. there is even harder evidence of the impact when you try to soak the rich. it showed up this week in britain. >> greta: in what way? >> well, britain, one year ago, basically, they had 16,000 filers
. >> juliet: president obama continues to push for tax hikes on the rich. and france lost a bid to raise taxes and he want today raise to 75%. now, there weren't a lot of people he was focused on, really not that much money, he was going to raise, but the fact is he wanted the french judicial council, however, said it would have been excessive and unconstitutional. joining us-- >> sorry, dave. >> dave: and for tax foundation from the heritage foundation. >> juliet: good morning, curtis. >> good morning. >> dave: what's the deal here, the decision made is not unconstitutional, but bottom line, bad for the economy? i think we can learn from this? >> that's right, the court has bailed them out. and the tax increase, 75% rate was going to really damage the french economy. the french economy's already strugglingling and adding on the economy would be worse. >> i'm looking at it, expected to be a temporary two year measure and affect 1500 people and raise less than 661 million dollars. >> but the revenue we brought in, and what it would have done, it would have reduced the incentives, and working an
of "vogue" is in the running to be president obama's next ambassador to france or to britain. she helped raise hundreds of thousands of dollars for his re-election. so what might happen when high fashion meets high-wire diplomacy? abc's david wright. >> reporter: she's a woman renowned for exquisite taste and withering looks. the inspiration for meryl streep's character in "the devil wears prada." >> you have no style or sense of fashion. >> i think that depends on what your -- >> no, no, that wasn't a question. >> reporter: a portrayal anna wintour may not have enjoyed, but she told barbara walters she respected it. >> did you recognize any part of yourself? >> well, i'm a very decisive person, so if meryl seemed somewhat strong, i respect that. >> reporter: she is the single most powerful woman in the fashion industry. her influence felt not just on the runway but in the shopping malls too. as the documentary "the september issue" revealed, the editor of "vogue" doesn't mince words. >> i feel it's quite one-dimensional. >> reporter: she raised millions for the president's re-election.
across america, the world, pouring in to show support. >> people from japan, cairo, egypt, france, poland. but everybody, even all over the united states here. >> reporter: from portland, oregon, 26 wreaths for each innocent life lost. and from sanford, north carolina, 26 christmas trees donated. >> through the strategy, i wanted them to feel love from all over. >> reporter: firefighter anthony carpenter helped line the trees along the entrance to sandy hook elementary. >> i would say within an hour, they were all decorated. >> reporter: from long island, new york, 26 ornaments. >> they are not alone. >> yeah. >> yeah, not alone. >> reporter: children from ft. stuart, georgia, sending toys to children in newtown in time. christmas. from all over the world, 2 million people signing this card online, offering their condolences and love. free hot coffee for the whole town from someone in los angeles. >> reporter: maxiline ramos manages newton general store and >> their lives will never be the same. it goes along way. >> reporter: maxiline ramos manages newton general store and says coffee wa
sarkozy speaking. >> reporter: sarah palin was punked when they pretended to be the president of france. >> you have been pranked. >> with have we been pranked. >> reporter: in london, prince william spoke of the news over the weekend. instead making a joke at a charity joke about how sickness should be called all day and all night sickness. we have heard from the nurse's daughter who says she misses and loves her mother. the bosses from the station held an emergency meeting overnight and tell us the deejays could make a first public statement this week. >> sececilia, thank you. >>> the snow this weekend. the snow and the wind is moving eastward. here is ginger zee tonight. >> reporter: more than 150 flights canceled. 300 crashes on minnesota roads, and roads across minnesota shots down because of snow. the biggest snowstorm in two years around the twin cities is dropping more than a sfwoot a half of snow in the western great lakes. look at the images from fargo, north dakota. the snow there, an inch an hour. frozen in duluth, minnesota, too. and these time lapsed videos. blustery, supe
of people mows and gimmicks. -- promos. lori: anything to make a buck these days. rich people in france and britain are saying bye to higher tax rates. are americans next? maybe not. tracy byrnes next on fox business. want to y to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understanthe difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage cocompany to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma!
in a financial crisis and ms. lagarde, who heals from tax the rich, 75% france is lecturing america, very interesting. >> meanwhile, european markets are down and because the italian prime minister mario monti m a surprise. is going to resign. and silvio berlusconi wants to replace him. europe is appalled. and people blaming the recession for not having more children. 64 births for one thousand women of child bearing age. half of the peak of the baby boom in the 1950's. our next guest has six children, counts them. and what's that-- >> and naham segal. that works. >> have i got that word? >> and light tte candles. >> if you light them i will come. >> you have six children. >> as do you. >> leave me out of this. >> and others people say they can't afford it you're saying it doesn't matter if you can afford them or not. >> if the price tag of having a child scares you the most, you haven't done the right gut test. stuart: so, go ahead and have the children whether you can afford them or not. >> having children is the investment in the future. if we don't have children now and understanding
in the running for a boy. frances, victoria and diana for a girl. having some bets placed on them apparently at william hill.com brooklyn and chardonnay. personally i would go for blank. that's probably two double-barreled even for the royals. if she is a girl, she will be first in line to the throne after william. they changed the rules. used to be had a boy first in line. now the girl can get it too. >> shepard: congratulations, jonathan. >> a quality in britain. it's marvelous. >> shepard: thank you. former president george h.w. bush is still in the hospital tonight. his aides say doctors had planned to release him over the weekend. now they are keeping the 88-year-old former president in treatment because of what they call a nagging cough that won't go away. doctors have been treating him for 10 days now due to complications from bronchitis. a spokesman says president bush remains in good spirits. president bush 41 spent part of the day yesterday watching the houston texans clinch a spot in the nhl playoffs titans in tennessee. desperate search for 11-year-old cancer patient. cops claim
't want to become greece or france or one of these stagnant slow growth welfare states. think evidence is very clear that fiscal policy does matter for an economy's performance. doesn't mean we have a recession if taxes go up but it does mean that government will be bigger and our growth rate in the long run maybe instead of 2.7, it is 2.6. that doesn't sound like much but because of compounding it adds up. adam: dan, i don't think there is any danger we become greece or france in a lot of ways. we're not a socialist country yet and greece is a whole different ball of wax. rich, the discussion about the economy, the spending cuts that they're talking about do put people out of work and that would have a negative effect on the economy, would it not? >> it would, adam. real quick, a bit of news here. president obama will deliver a statement at 4:45, something i imagine we'll cover live here on fox business. adam: we will. >> 5:45 president obama deliver as statement here at the white house. as far as spending cuts are concerned, you see this argument, you typically hear republicans say,
capacity by 11% since 2005. mary frances fagan works for american airlines, which canceled 377 flights on thursday. >> to the degree we have the capability of adding flights to very popular destinations we do that, and i'm sure other carriers that have that capability do as well. >> reporter: but not everyone is going to one of those very popular destinations, scott. and for those who are not, the message from the airlines is "patience, please." >> pelley: dean, thanks very much. we found another sign that the economy is recovering and we'll tell you about it next. tell you about it next. i have what science calls the nightly stuffy nose thing. i can't breathe, so i can't sleep. and the next day i pay for it. i tried decongestants... i tossed and turned... i even vaporized. and then i fought back with drug-free breathe right. these nasal strips instantly open my nose, like a breath of fresh air. i was breathing and sleeping better. [ female announcer ] exercise your right to breathe right. get two free strips at breatheright.com. hey it's your right to breathe right. get two free strip
1830s in postrevolution france that somehow universally appealing. >> what he has done so brilliantly is actually tell the story of the human condition. that it's never easy. there's never -- it's never always happiness. ♪ can i conceal myself forever more ♪ >> that is why people relate to t. >> how difficult is it to take something that's been in the theater for so long to film? >> the intersection between broadway and hollywood is really dangerous corner. look at "phantom of the opera" was a flop. "chorus line" was a flop. "rent" was a flop. "evita" was a sort of -- yeah it was a flop. ♪ so many questions and answers ♪ >> but what makes "les mis" very different from other musical films is this time, the actors were singing live, not lipsynching to a track they had already recorded. the cameras were right in their faces, showing off the bad teeth prosthetics and dirt splotches, creating a lot of raw emotion on screen. >> i cried when all the characters would die, 'cause it was really sad. >> i cried. i laughed. and it made me think about the things i'm going through. >> indus
zone, including spain, germany, france. yet, the united states of america is able to borrow at the lowest rate in pretty much its whole recorded history. so you have a very, very diverse landscape at the moment, but certainly one that could be significantly improved, or worsened by the situation that we have concerning the fiscal cliff, the fiscal deficit and the debt of the country, which are three topics that can be addressed now on the comprehensive and efficient fashion. >> in the fiscal cliff negotiation. so what should this mean? because i think i could interpret any given number to say, oh, that means we shouldn't touch taxes for the upper brackets because the economy still needs as much money as it can have in it. or i could argue, oh, this means that we need more stimulus to keep the jobs going, or i could look at the debt and say, oh, this means we need to cut spending. so what does it mean? so what would you, and what globally, what would mean the most for the u.s. to do in terms of the global economy? >> you know, what you said, you would qualify as an economist.
's ceo says applications were coming in at a rate of two per minute. and if you travel to france, speaking of traveling, and get a craving burger king has opened a brampbl at branch at the airport. now if you're traveling to france, you can have a whopper, although i don't think you're a vegetarian are you? >> yes, i am. but you've got to wonder what they saw in their research that made them go back to france. >> i think it's just globalization. you have more people traveling. you have americans -- it's widely known that americans are all over the market. bigger market and place to go. not too terribly surprising. >> lisa sylvester, thanks. >>> new englanders are shoveling snow while southerners are shir v shivering. the latest on what is a winter storm and what is coming next. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. i just serve
it on the revenue side. otherwise we're going to be looking at tax rates that would make france's new socialist government blush. you can't get there from here. >> i'll tell you something, jeb, i'm a stock guy. just like you, you don't want to talk about taxes. let's forget about this whole tax side. i want three ways to cut spending by $500 billion right now. how about we take social security up to 68. how about we slash medicare benefits? and why don't we cut the -- the defense budget? why do we need people in europe? why do we need them in japan? what are we doing in decree california? i want some answers to this. >> well, go to the web and look for the republican budget. that was written by the chairman of our budget committee paul ryan. you will see these savings -- >> 30-year, 40-year plan. i want to know what we can do -- >> well -- number one, defense has already been cut. we can debate how much it should be cut further but it has already been cut. i mean that's just a fact. >> but we added -- >> -- defense on the republican side. you have that global war turf. -- good idea. >> say agai
in the world. france, 2.08. the u.s., 2.06, ireland, 2.01. in red, they're looking at next generations that will get smaller and smaller and smaller. the uk, well under 2. china, 1.55. we know they've actually implemented policies because they want to control population. in the bigger picture, fooling around with mother nature in this way could have hugely negative consequences. russia 1.43 and germany, 1.41. at the very bottom of the list, other than certain countries where the information is not available, the bottom of this list was singapore at .78. i know we're dealing with so many issues nowadays and i blow a gasket over many of them, whether fiscal cliff, unfunded liabilities, at some point, growth is the answer. when you start considering where the engines of growth have been and what their population declines may be, it makes one wonder, where is the horsepower from global growth will come from and this at some point needs to affect the picks in your stock portfolio. back to you. >> rick, i'll take it from you, rick santelli. >>> even starbucks is worried about the fiscal clif
because look, if anything we can do to -- if she goes to france to annoy the french at this point would be a good thing, and french fashion used to cut it, but does anna wintour really thing that today. her nickname is nuclear wintour. that's what they called her. she should be the ambassador to china or russia. that's much better for her. >> she probably thinks you're sarcastic. >> she makes a lot of money for the president. the president obviously did well on the celebrity set. he and michelle are the darlings of vogue magazine. she's been on the cover many times. it's not surprising that anna wintour would be in their orbit. what qualifies her to be a u.s. ambassador. >> if you look at any of these choices? let's be honest. the choice for ambassador for britain for the last 15 years has been, whether it's republican or democrats has been one of the biggest donors. it's not a hugely diplomatic post. it's payback. >> of all the things that president obama's up to that rick was just talking about, this really doesn't stick in my craw. it does illustrate what we've talked about many time
ratified by 126 of those countries, including the united kingdom, france, germany, china, russia has ratified it. now you can pass anything in the senate with 60 votes. except treaties which require 66. a two-thirds majority. every democrat voted for the treaty and only eight republicans voted for the treaty. 38 republicans disgraced themselves and disgraced the senate. by voting against it and controlling the outcome. john kerry tried everything he could on the senate floor to show republicans the way to vote for this treaty. >> it really isn't controversial. what this treaty says is very simple. it just says that you can't discriminate against the disabled. it says that other countries have to do what we did 22 years ago when we set the example for the world and passed the americans with disabilities act. >> the treaty was supported by organizations representing people with disabilities and veterans groups but that was not good enough for 38 republicans. it was supported by senator john mccain, himself a disabled veteran. >> bob dole has been our leader on the issue of disabilities
name that came up is anna winter as the possible ambassador to france or the uk. she's the inspiration for "the devil wears prada." how does >>> good evening, americans, and welcome to "the ed show" from new york. president obama has john boehner boxed in and is done playing games. now it's getting good. this is "the ed show." let's get to work. >> let's allow higher rates to go up for the top 2%. that includes all of you. >> the president holds the line on taxes and draws the line on ç the debt ceiling. >> i will not play that game. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from the center of american progress action fund on how democrats can deal with republicans who can't deal with reality. rubio and ryan reload with a new message for the middle class. >> both parties tend to divide americans into our voters and their voters. >> but there is no escaping their own policies. >> we're going to a majority of takers versus makers in america. >> dnc chair debbie wasserman schultz responds tonig
the story of dominique strauss kahn. he had been a frontrunner for the presidency in france before a housekeeper here in new york said he sexually assaulted her in a hotel room in manhattan. prosecutors eventually dropped their criminal case after issues arose with the accuser's credibility, but she still brought her own civil suit against strauss kahn, and today a judge here in new york announced both sides had struck a deal, but of course, as with most settlements, no details of the settlement released. >>> well, you probably got a nice surprise last time you topped off your tank. prices on average of gas are falling. 2012 will still go down as the most expensive year for gas ever. how much lower could they go? we'll get to that. >>> if you think those assembly instructions leave ikea shoppers confused, what if you walked into the store and saw that? sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. >> shepard: the feds report traffic deaths on u.s. highways have dropped the lowest since harry truman was in the white house. a
're slowing down in the fourth quarter. i was just in europe. they are in a deep recession. france and germany are going recession. japan's already in recession. they are doing the same thing the democrats want to do here. put on new taxes, and they are just putting their economies in a death spiral. >> this is no time for austerity is what you're argueing? >> what i'm arguing is don't put extra taxes on the economy. we know from europe and japan that does not work. >> okay. >> howard? >> i don't think we ought to kick the can down the road any further. we have a huge deficit. frankly i think ben bernanke has done very, very well stimulating the economy without government interference. i think the thing to do is go right over the fiscal cliff. you'll raise some taxes, yes, that's true, you'll cut defense and some human services. this is the only way we'll have a significant bite out of this deficit. i think the market is going to like this. they say no right now, but when they see that this government is taking on the deficit in a serious way i think they will like it >> you don't think going
a deal on the fiscal cliff? we are going to debate that plus, france says no to high taxes on the rich. could the united states learn something from that? we'll analyze that when we come back. ♪ need not wonder why ♪ ♪ no time not for you ♪ ♪ no time... really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! can ♪ ♪ you're a heartbreaker, dream maker ♪ >> welcome back to a sunday prime time edition of "the five." and as the clock ticks down and going over the so-called fiscal cliff. no deal he yet, but there is some finger pointing going on. >> i'm concerned about the lack of urgency here. i think we all know we're running out of time. this is far too much at stake for political gamesmanship. we need to protect the american families and businesses from this looming tax hike. everyone agrees that that option is necessary. >> i will say this, i think that the republican leader has shown absolutely good faith, but it's just that we're
a work permit to work in this country. you can't go to belgium, france. you can't go to mexico and work without a work permit. and we're afraid to even have one. your thought, blake. why don't we even have the basic requirement of a work requirement -- of a work permit? >> actually, i agree with david in the sense that i think the election was actually a clarifying moment here. i'm not one to often say that oh, there were huge policy implications but -- >> got to go. >> from an election. but i agree with david that in this case it was clear there's got to be movement on this. >> i hope so. i really do. thank you, david winston. great guests. thank you, blake, same with you. we're watching "hardball" right now, the place for politics. >>> let me finish tonight with this. i have high hopes for president obama's second term. i have low hopes for the republican opposition in congress. i have rising hopes for the old reasonable republican party out there in real world, the party that resides in the eastern big states and actually deals with the real work of being big state governor, for exam
. in both france and england we've seen a tremendous amount of steps taken for tax avoidance when they hire -- >> people leave. >> my only question, there have been studies done on that in the united states to figure out what the effect would be. my second question would be, back in '08 when the president was debating hillary clinton accepted the concept that every time we've raised capital gains tax, the receipts from that have gone down. every time we've lowered it, they've gone up. he accepted that. i want to know if his opinion is modified or is he considering laying off tax and business investment for fear that it will give us less of it. >> two very interesting questions there about what effect a change in taxes does to behavior. i think you can't deny the fact that it does change behavior. is there right. it is very complicated math. when they start saying it is math, it is really complicated math. you show me someone who can do that study -- >> it goes back to that idea, you raise a tax on something, you'll get less of it! >> no doubt about it. >> jim iuorio, thank you. >>> reminder
it in france. they just did it in spain. they just did it in the u.k. >> they did it in greece. they raised the added-value tax four times. it's devastating consumer spending, and we're heading down the same road. david: larry mcdonald, new edge senior director. good to see you. thanks for coming in, appreciate it. sandy? >> ford recalling nearly 90,000 vehicles. did your car make the list? we've got the details coming up. >>> plus, the chances of falling off the fiscal cliff, it's not stopping one top money manager from buying. bob doll, he sells us where he's putting his money to work now. that's next. there is no mass-produced human. every humabeing is unique. and ther one store that recognizes it. the sleep number store. the only place in the world u'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you adjust to the suppo
't affect the millionaires. they had to dial back. in france, of course, in all these countries and italy and other countries excise tax. they went in first. the cuts came after that, whatever meager cuts. that was growth of the growth off the growth. melissa: right. >> the lesson to be learned from europe isn't to be careful on cutting. it is to be careful on hike being, on hiking taxes. the beast is the government, in my opinion here. the beast is the government. you don't reward the beast by giving it more food, more dollars. that's what i near is going on here. melissa: yeah. lori: the president's desire to get rid of the debt ceiling limit at all, what kind of ramifications, what could happen? are we looking at another debt downgrade? a second downgrade could be really, really -- >> here is what i agree with him. this charade we go through every few months on the debt limit. republican presidents, democratic presidents, mark zandi from moody's it does damage our credibility. i agree to something like that. i didn't like fiat saying i will handle the debt thing. that would be like let
that right now there are modest gains there. in france, the cac up by about 0.7%. much more modest gains. ftse actually just about break even at this point. germany, the dax up by about 0.3%. in asia, you saw the hang seng was up just barely. korea was up just barely. the shanghai composite was up by close to 0.8%. and nikkei down by about a quarter percentage point. oil prices this morning pulling back a little bit. down another 33 cents to $88.76. yesterday we did see oil cross above $90 for the first time since october 22nd. ended up down at about $89. but crossing early in the morning above $90. the ten year note at this point yielding 1.639%. i feel like we look at the same board board every morning. euro still up above 1.30. the dollar-yen at 81.99. and gold prices this morning slightly lower. down by about $15. $1704.40 an ounce. kevin ferry at the cme, kevin, we are watching the fiscal cliff every single day kind of watching negotiations as they play out. maybe that's not the wisest thing to do with the markets. what are the things that are popping up and have you thinking about
at this hour, there they, they're all down. not great in france, but germany down about .7% and the ftse down fractionally. other news out of europe, debt tieback for from an day to receive additional buyback offers. those would be at deeply discounted prices and that would help lower the country's debt lead. >>> in asia, stocks touched a 16-month high and closed mostly higher on the session with good gains, as you can see, with the kospi up the most, 1.5 points. >> strong nebs out of china which suggest maybe the economy is rebounding more than expected. >> the exports. >> yeah. >> among the catalyst in asia trading today, economic stats out of china. export growths slowed sharply to 2.9% in december. that news j underscores the global headwinds dragging on the economy. but the chinese economy is showing solid signs of a pick up in domestic activity. industrial output was stronger than expected. the country has been saying for years it needs to shift a little bit from the export model the internal consumption. let their middle class grow and not be nearly as dependent on exports. and china's
in the euro. primarily the swiss franc raising deposit rates, which swiss franc deposits can be held. a gain in the euro. the first day of the two-day fed meeting, where it's widely anticipated the fed will embark on further stimulus action. >> it will be hard to say how expansionary that move is. if you're ben bernanke, why would you throw a curveball at this hour. we'll see. that press conference, a little more than 24 hours from now. >> we're continuing e inine ini more on trip adviser. look at the cnbc realtime exchange. we did see the features point to a higher open. here at the big board, coca-col coca-cola -- [ bell ringing ] >> and ringing the bell there. trip adviser, interesting deal, because the pricing at which the shares were bought. >> you've got to remember, of course, you have a change in voting control. it had been controlled by barry diller, it will now be controlled by liberty media. they will own 22% of the economics of trib adviser, but 57% of the total votes of the company, effectively controlling the company. so any thoughts you might have as a shareholder in erms it o
. >>> is president obama considering the vogue editor ambassador to the united kingdom or france? she's among a handful of top obama fund-raisers interested in the post. she's said to have inspired the film "the devil wears prada." that would be very interesting. >> she knows both cities very well. >> and she has quite a reputation for being a tough negotiator. >> thank you. >>> tony blair is standing by to join us live. we're going to talk about the international suspicions that syria's regime may be preparing to use chemical weapons against its own people. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. he opened up jake's very private world. at first, jake's family thought they
three indexes is the dax in germany. up 75. you also see gains with the cac in france and the ftse in london. in asia overnight, you did see slight drop by the hang seng and shanghai, those were big gainers the day before. and in japan, the nikkei up by 0.8%, kospi up 1%. oil prices this morning are trading up about 28 cents, 88.16. the ten year note this morning is sitting right at 1.85%. you to you see pressure on the yield. dollar down once again today. the yen at 82.37. and the euro at 1.30777. and gold prices at this point are up 1.20. $1659 and ounce. >> wonder what boehner and obama talked about on the phone. i think it went something like this. your mother! no, your mother. no, your mother. and then it went back and forth. your mother to infinity. >> no, i think what happened is we realize that there's been an awful lot of theatrics. >> you don't think they said your mother? >> no. >> you don't think they hurled insults at each other? >> no. >> actually, boehner was just a dial tone. you said i'm supposed to do what to myself? no, that's not boehner. >> on the economic fron
. >>> about 20 seconds to the close in europe. they've had some new economic data out of france, for instance. some finance ministers meeting as well in brussels. >> it's a bit of a holding pattern waiting for the fiscal cliff, for the greek debt buyback to go through on thursday. >>> the european markets are closing now. >> so no great direction in the markets today. it is interesting, i think, both angela merkel attended today her party conference, the cdu, the christian democrats, conservatives, she launched her campaign to run germany for a third time. the election is in the third quarter of next year. she actually warned against premature optimism over the crisis saying the worst is not over and we must be cautious going forward. now to a certain extent she would say that, would she not? otherwise we're not out of the woods. keep me in charge. but that was the message that came out of germany today. elsewhere as we kind of wait for things to happen, it's interesting the bond markets continue to rally. we were talking about this yesterday that greece has priced the debt buyback where it h
of the eurozone countries and is acting as it should. he was optimistic on france as well despite the fact the data is indicating we'll still get a contraction in the third quarter, for most of the eurozone. germany's economic position is arguably deteriorating but still schauble there is relatively optimistic that the crisis is over. in the meantime what is also happening is this money is beginning to flow into, from the public safety net to support the banks so you have the recapitalization of the banks but that isn't of course good news for everybody in the case of the ipo from last year you have 53,000 small shareholders there effectively having their positions in the debt smashed against the whole. they've been selling out again today to try and retrieve what they can because it is in the negative equity and arguably they'll get nothing as we go through the motions further down the line. it lost another 25% of what is left of the market capitalization today. a number of the other spanish banks are also in negative territory and some of the spanish big industrials are also down today.
the gulf home. >> juliet: 8:43 east coast times. major blow to france's socialist president. panel has just thrown out and plan to tax the wealthy at 75% rate. ruled it as excessive and unconstitutional. if you like it, then you should put a super bowl rick on -- ring on it ♪ if you like it then you should have put a ring on it >> juliet: i love that video. pepsi announces plans to allow fans to join bon is i on the football field. dave, i see that you are all over that. >> dave: i will be there. so who knows. new insight into the short yet fascinating life of hollywood starlet marilyn monroe. newly unclassified fbi documents reveal how closely she was being monitored for alleged ties to underground communist party. aneed that vogel has more. >> new information from the fbi shows just how interested the agency was in finding out whether actress marilyn monroe had ties to the communist party. the files show the fbi had been tracking her for years. who she was friends with and if they had ties to communist in this record from 1956, agents had documented anonymous phone call from the "new yo
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